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4.2. ERMUSR 10-13-2009
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4.2. ERMUSR 10-13-2009
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10/13/2009 12:48:51 PM
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City Government
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ERMUSR
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10/13/2009
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Consumer Price Index Minneapolis-St. Paul, MN-WI CPI <br />Page4of4 <br />taxes directly associated with the purchase and use of items are included in the index. Prices of food, fi~els, and a few <br />other items are obtained every month in all 8~ locations. Prices of most other commodities and services are collected <br />every month in the three largest geographic areas and every other month in other areas. Prices of most goods and <br />services are obtained by personal visits of the Bureau's trained representatives. <br />In calculating the index, price changes for the various items in each location are averaged together with weights that <br />represent their importance in the spending of the appropriate population group. Local data are then combined to <br />obtain a U.S. city average. Separate indexes are also published by size of city, by region of the country, for cross- <br />classifications of regions and population-size classes, and for 27 local areas. Area indexes do not measure differences <br />in the level of prices among cities; they only measure the average change in prices for each area since the base period. <br />The index measures price changes from a designated reference date (1982-84) that equals ioo.o. An increase of i6.5 <br />percent, for example, is shown as ii6.5. This change can also be expressed in dollars as follows: the price of a base <br />period "market basket" of goods and services in the CPI has risen from $io in 1982-84 to $11.65. <br />For further details see the CPI home page on the Internet at www.bls.gov/cpi and the BLS Handbook of Methods, <br />Chapter iy, The Consumer Price Index, available on the Internet at www.bls.gov/~.pub/hom/homchiy a.htm. <br />Last Modified Date: August 1'J, 2009 <br />U.S. Bureau of Labor Statistics Midwest Information Office Room 960, 230 South Dearborn Street, Chicago, <br />IL 60604 <br />~ttp://www.bls.gov/R05/ ~ Telephone: (312) 353-1880 ~ Fax: (312) 353-1886 Do you have a Midwest Region <br />' (R0~ data ouestion? <br />http://data.bls.gov/cgi-bin/print.pl/ro5/cpimpls.htm 10/7/2009 <br />
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